Established in 2014, Black & White has emerged as a premier engineering design consultancy to top-tier knowledge centre operators all through Europe, the Center East, and Asia.
The enterprise as we speak employs over 500 individuals and works with 110 purchasers throughout 23 international locations. Waterland’s funding represents an thrilling alternative to additional improve Black & White’s already spectacular observe file and bolster its international growth ambitions. With Waterland as a strategic companion, Black & White goals to broaden assist for patrons throughout each new geographies and thru widening its engineering providing with new specialisms. This shall be delivered by way of organically broadening its footprint into new territories and pursuing strategic acquisitions throughout Europe, Asia, Australia, and Africa.
Mick Cairns, CEO and founder Black & White, will stay integral to the enterprise, persevering with as CEO alongside the Black & White management workforce. A cornerstone of Black & White’s success lies within the tradition that Mick and the management workforce have fostered inside the enterprise and the calibre of expertise this has attracted. This tradition of excellence shall be preserved. The Black & White management workforce will all be remaining with the companies following the partnership with Waterland.
Commenting on the acquisition, Mick Cairns, Founding father of Black & White stated: “Black & White has grown massively since I based the enterprise and I couldn’t be prouder of our workforce, who’ve helped us to succeed in this large milestone in our journey. We’re delighted to be partnering with Waterland and leveraging their observe file of worldwide development and acquisition expertise. We’re trying ahead to supercharging the momentum now we have constructed with Waterland performing as a hands-on companion, which helps our imaginative and prescient and ambitions.”
Wendy McMillan, Companion at Waterland Personal Fairness, commented: “Mick Cairns is a formidable entrepreneur who has constructed an impressive enterprise. We stay up for supporting Mick and the senior workforce on this subsequent chapter and can proceed to again their philosophy of investing in individuals and dealing along with one of the best expertise to create a world chief in engineering for the information centre market. We shall be leveraging our community and experience in acquisitions and worldwide growth to assist Black & White attain the following stage and we’re trying ahead to seeing what the long run holds for the enterprise.”
The funding in Black & White represents Waterland’s continued curiosity on this market having just lately partnered with MTM Engineering (2022) and Writech (2021) in Eire, and having efficiently exited Netrics knowledge centre enterprise in 2022.